The subject property is a two-storey corner mixed-use investment property with retail at grade and residential rental units above in North Burnaby. There are four commercial units at 7,653 SF. and nine residential suites at 8,199 SF for a combined total of 15,852 SF of gross area.
The property is located in the extension of the Hastings Street Community Plan of North Burnaby, which is an established commercial node with bustling retailers, residential and office tenants. Currently, the area has seen an increase in demand for commercial premises with new developments catering to the local market.